M 16. Zylo, Inc. preferred stock pays a $7.50 annual dividend What is the maximum price you are willing to pay for one share of this stock today if your required return is 7.5 percent? A.$32.26 B. $35.48 C.$72.68 D. $100.00 E. S107.50 M 17. The next dividend payment by Hillside Markets will be $2.35 per share. The dividends are anticipated to maintain a45 percent growth rate forever. The stock currently sells for $65 per share. What is the dividend yield? A. 3.20 percent B. 3.62 percent C. 3.81 percent D. 4.50 percent E. 4.81 percent M 18. The Stiller Corporation will pay a $3.80 per share dividend next year. The company pledges to increase its dividend by 2.4 percent indefinitely. How much are you willing to pay to purchase this company's stock today if you require a 69 percent returm on A. $55.07 B. S63.09 C. S72.22 D. $78.47 E. $84.44 stock today. First, the company announced that the M 19. Sessler Manufacturers made two announcements concerning its common next annual dividend will be S1.75 a share Secondly, all dividends after that will decrease by 1.5 percent annually. What is the maximum amount you should pay to purchase a share of this stock today if you require a 14 percent rate of return? A. $11.29 B. $12.64 C. S13.27 D. S14.00 E.$14.21 M 20. Whistle Stop Trains pays a constant $16 dividend on its stock years and will then cease paying dividends forever. What is the current price per share if the percent? The company will maintain this dividend for the next 14 required return on this stock is 15 A. $77.78 B. $82.48 C. $91.59 D. S106.67 E. $112.00